$2,165,000

Peach Tree is a 6-unit multifamily investment property located at 5250 Hayter Avenue in Lakewood, CA. 5250 Hayter Avenue offers a highly desirable mix of spacious two and three-bedroom floor plans. The three-bedroom unit features three full bathrooms, a private patio and balcony, in-unit laundry, and two-story, townhome construction. The property features amenities including an on-site laundry facility, ample garage parking, and private patios or balconies (select units). Additionally, Peach Trees’ stand-alone garage building provides new ownership with the opportunity to increase total unit count and rental income through the development of an accessory dwelling unit (ADU). 5250 Hayter Avenue has an attractive Lakewood location, situated within walking distance to Lakewood Square and Holmes Elementary School. Additionally, the property is just over 0.25 miles from the Lakewood Center, a power center featuring a collection of unparalleled shopping, restaurants, and entertainment options for tenants. Furthermore, Peach Tree is within 2 miles of the Long Beach airport, a major employment and housing driver for the area. The property’s ideal Lakewood location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Peach Tree.